Markets Brace for 2019 Volatility

The transcript discusses market volatility, focusing on quant and index products, and compares historical market crashes in 2008 and 1987. It explores the concept of market equilibrium and persistent volatility, especially in the context of pension funds and tax liabilities. The discussion shifts to global stocks and their impact on economic growth, with insights from the IMF's predictions. Finally, it analyzes regional market performance, highlighting differences between Europe, Asia, and emerging markets.

What are the implications of the volatility mentioned in the text for investors looking ahead to 2019?

In what ways have emerging markets performed compared to expectations in recent months?